By Clifford Winston, Gines de Rus
Aviation functionality is a vital cog in smooth globalized economies, which call for flexibility, mobility, potency, and dependability. Airport delays have long gone from being a nuisance to being a salient public challenge, drawing the ire of even the White condominium. during this vital e-book, foreign transportation specialists examine and distinction how diverse international locations have controlled their airports and air site visitors regulate structures and the way good they're assembly the desires in their humans. The book's cross-national method encompasses numerous varied institutional preparations, making it a well timed and necessary examine in comparative political economic climate. one of the nations studied, the us is usually visible as a bastion of unfastened markets, on the vanguard of airline deregulation, yet its airports and air site visitors keep an eye on process are publicly owned and operated. an analogous is right in continental Europe, for the main half. by contrast, Australia, New Zealand, the uk, and Canada are experimenting with privatization, whereas even mainland China is permitting the non-public area to take part in airport possession. Which tools paintings top, and lower than what conditions? This ebook presents the answers.
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Additional resources for Aviation Infrastructure Performance: A Study in Comparative Political Economy
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Airlines tend to see airports as natural monopolies that are not regulated effectively under current rules. We begin with an overview of the EU airport industry and the changes in traffic over time. We also discuss legislation that affects airports, take note of the number and features of airports in member states, and briefly discuss airport privatization, which leads naturally into the topic of airport regulation. Our purpose is simply to point out what has been happening in aviation in the EU and to discuss those factors that have hindered greater privatization of EU airports.
The EU aviation market is the second-largest common aviation market in the world, after the United States, and recent growth within and between the EU and other parts of the world has been well beyond forecasts. 6 This considerable traffic growth has resulted in strains in some airports, including delays,“gray” markets for slots, and pressure to expand capac5. Hubs like Schiphol in Amsterdam and Fraport in Frankfurt have increased their catchment areas and gained market power with their connectivity to the high speed rail system.
Aviation Infrastructure Performance: A Study in Comparative Political Economy by Clifford Winston, Gines de Rus